Summer Sessions 2019 Course Syllabus Course: ECON-2301- Section: 71 Principles of Macroeconomics

Instructor Information
Instructor	Jennifer Bryant
E-mail	bryantjc@lamarpa.edu
Phone	(409) 984-6381
Office	Location: Umphrey Industrial Technology Center - Room: 201B Hours: By email only. Phone number listed is not correct. I am not on campus.
Department	Business and Industrial Technology Chair: Sheila Guillot E-mail: guillsr@lamarpa.edu Phone: (409) 984-6381 If you have a grievance, complaint, or concern about this course that has not been resolved through discussion with the Instructor, please consult the Department Chair.
Course Information
Description	An analysis of the economy as a whole including measurement and determination of Aggregate Demand and Aggregate Supply, national income, inflation, and unemployment. Other topics include international trade, economic growth, business cycles, and fiscal policy and monetary policy.
Prerequisites	Prerequisite: Basic skills competency in reading, writing, and math.
Learning Outcomes	Upon successful completion of this course, students will: CLSO 1. Explain the role of scarcity, specialization, opportunity cost and cost/benefit analysis in economic decision-making. (PSLO A measured by Exams) CSLO 2. Identify the determinants of supply and demand; demonstrate the impact of shifts in both market supply and demand curves on equilibrium price and output. (PSLO A measured by Exams) CLSO 3. Define and measure national income and rates of unemployment and inflation. (PSLO 2 measured by exams) CLSO 4. Identify the phases of the business cycle and the problems caused by cyclical fluctuations in the market economy. (PSLO 2 measured by exmas) CSLO 5. Define money and the money supply; describe the process of money creation by the banking system and the role of the central bank. (PSLO 1 measured by exams) CSLO 6. Construct the aggregate demand and aggregate supply model of the macro economy and use it to illustrate macroeconomic problems and potential monetary and fiscal policy solutions. (PSLO 3 measured by exams) CSLO 7. Explain the mechanics and institutions of international trade and their impact on the macro economy. (PSLO 1 measured by exams) CSLO 8. Define economic growth and identify sources of economic growth. (PSLO A measured by exams)
Core Objectives
Program Student Learning Outcomes	PSLO ALPHA: Reading skills - Demonstrates comprehension of content-area reading material. PSLO 1: Critical Thinking Skills: Uses creative thinking, innovation, inquiry and analysis, evaluation and synthesis of information. PSLO 2: Communication Skills :Demonstrates effective development, interpretation and expression of ideas through written, oral and/or visual communication. PSLO 3: Empirical and Quantitative Skills: Applies the manipulation and/or analysis of numerical data or observable facts resulting in informed conclusions.
Textbooks	Textbook Purchasing Statement: A student attending Lamar State College Port Arthur is not under any obligation to purchase a textbook from the college-affiliated bookstore. The same textbook may also be available from an independent retailer, including an online retailer. McConnell, Brue, Flynn. (2018). Macroeconomics-Connect Access-Custom. 21st edition. McGraw Hill Publishing. ISBN: 9781260720747
Lecture Topics Outline	Week 1 GDP, Growth, and Instability Chapter 6 An Introduction to Macroeconomics Chapter 7 Measuring Domestic Output and National Income Chapter 8 Economic Growth Chapter 9 Business Cycles, Unemployment, and Inflation Week 2 Macroeconomic Models and Fiscal Policy Chapter 10 Basic Macroeconomic Relationships Chapter 11 The Aggregate Expenditures Model Chapter 12 Aggregate Demand and Aggregate Supply Chapter 13 Fiscal Policy, Deficits, and Debt Week 3 Money, Banking, and Monetary Policy Chapter 14 Money, Banking, and Financial Institutions Chapter 15 Money Creation Chapter 16 Interest Rates and Monetary Policy Chapter 17 Financial Economics Week 4 Extensions and Issues & International Economics Chapter 18 Extending the Analysis of Aggregate Supply Chapter 19 Current Issues in Macro Theory and Policy Chapter 20 International Trade Chapter 21 Balance of Payments, Exchange Rates, Trade Deficit
Major Assignments Schedule	Week 1: Chapters 6-9 Chapters 6-9 LearnSmart Chapters 6-9 Homework Chapters 6-9 Quiz Week 2: Chapters 10-13 Chapters 10-13 LearnSmart Chapters 10-13 Homework Chpaters 10-13 Quiz Week 3: Chapters 14-17 Chapters 14-17 LearnSmart Chapters 14-17 Homework Chapters 14-17 Quiz Week 4: Chapters 18-21 Chapters 18-21 LearnSmart Chapters 18-21 Homework Chapters 18-21 Quiz Final Exam Week: Chapters 6-21 Final Exam Review Final Exam
Final Exam Date	July 1, 2020 - 12:00 AM   Through  July 3, 2020 - 11:00 PM
Grading Scale	90 - 100=A    80 - 89=B    70 - 79=C     60 - 69=D    Below 59 = F
Determination of Final Grade	Learnsmart Assignments-20% Homework (Study Questions)-20% Quizzes-30% Final Exam-30%
Course Policies
Instructor Policies	Please see student handbook regarding conduct compliance.
Attendance Policy	Login at least once a week.
Academic Honesty	Academic honesty is expected from all students, and dishonesty in any form will not be tolerated. Please consult the LSC-PA policies (Section IX, subsection A, in the Faculty Handbook) for consequences of academic dishonesty.
Facility Policies	No food or tobacco products are allowed in the classroom. Only students enrolled in the course are allowed in the classroom, except by special instructor permission. Use of electronic devices is prohibited.
Important Information
ADA Considerations	The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the the Office for Disability Services Coordinator, Room 231, in the Madison Monroe Building. The phone number is (409) 984-6241.
MyLamarPA	Be sure to check your campus E-mail and Course Homepage using MyLamarPA campus web portal (My.LamarPA.edu). When you've logged in, click the email icon in the upper right-hand corner to check email, or click on the "My Courses" tab to get to your Course Homepage. Click the link to your course and review the information presented. It is important that you check your email and Course Homepage regularly. You can also access your grades, transcripts, and determine who your academic advisor is by using MyLamarPA.
Other
HB 2504	This syllabus is part of LSC-PA's efforts to comply with Texas House Bill 2504.